The value of a 1964 dime composed of 90% silver is intrinsically linked to the spot price of silver, along with factors such as its condition and collector demand. These coins, minted before the shift to copper-nickel clad coinage, contain a significant amount of silver bullion, making them inherently valuable. For instance, a circulated example’s worth will be primarily determined by its silver content, while uncirculated examples command a premium.
Possessing these coins provides a tangible investment in a precious metal. Unlike later dimes, the silver content offers a hedge against inflation and currency devaluation. Historically, they represent a snapshot of a time when circulating currency held intrinsic value beyond its face value. Their desirability extends beyond investment, as collectors seek them for their historical significance and numismatic appeal.